Compliance Officer – Tax & Monitoring Specialist

Investec; Gauteng; On-site; ZAR 500,000 - 700,000; Full time

Job summary

Investec is seeking a Compliance Officer - Tax and Monitoring Specialist to handle compliance reviews and tax administration. The role requires a strong understanding of tax legislation, excellent analytical skills, and a proactive approach in a collaborative environment, ensuring adherence to various regulations.

Qualifications

• 5 years of experience in compliance monitoring or tax administration.
• Comprehensive understanding of tax legislation.
• Strong knowledge of compliance monitoring principles.

Responsibilities

• Plan and execute compliance monitoring reviews.
• Assist in tax administration and reporting.
• Prepare tax-related documentation.

Skills

Attention to detail

Analytical skills

Interpersonal skills

Problem-solving skills

Education

Relevant tertiary qualifications in Taxation, Accounting, Compliance

Specialist qualifications in compliance or taxation

Tools

Microsoft Office Suite

Job description

Investec Corporate and Institutional Banking (ICIB) is seeking a Compliance Officer - Tax and Monitoring Specialist - to join our team.

This role will encompass the planning and execution of compliance monitoring reviews, as well as tax administration and reporting, ensuring adherence to relevant regulations and best business practices.

The successful candidate will work collaboratively with various stakeholders to drive the development and implementation of a combined assurance approach across all compliance assurance activities.

Key Responsibilities :

Compliance Monitoring :

• Plan and execute compliance monitoring reviews as per the approved monitoring plan.
• Conduct high-quality reviews and reporting in accordance with relevant regulations and codes of conduct.
• Liaise with the business and stakeholders to communicate results and findings.
• Maintain and update the compliance monitoring system.
• Produce and present compliance monitoring reports to various stakeholders.
• Provide advice on monitoring-related matters when necessary.
• Stay informed about new legislation and industry requirements.

Tax Administration :

• Demonstrate a comprehensive understanding of tax legislation, including income tax, FATCA / CRS, OECD, and SARS BRS schema.
• Assist in the preparation of tax packs for South Africa and FATCA / CRS compliance, ensuring accuracy and adherence to regulatory guidelines.
• Collaborate with internal stakeholders to gather data and documentation for tax reporting.
• Support the team in monitoring compliance with tax regulations and reporting deadlines.
• Identify and resolve tax-related issues or discrepancies.
• Compile and maintain accurate tax records, reports, and documentation.

Reporting and Documentation :

• Assist with reporting for various governance structures.
• Collaborate with internal and external auditors during tax audits and reviews.
• Prepare tax-related documentation for internal and external stakeholders.
• Develop reports to identify trends and gaps, presenting findings to leadership.

Experience, Skills, and Qualifications :

Education :

• Relevant tertiary qualifications in Taxation, Accounting, Compliance, or a related field.
• Specialist qualifications in compliance or taxation is advantageous.

Work Experience :

• Minimum of 5 years of experience in compliance monitoring or tax administration, preferably within the financial services industry.
• Strong knowledge of tax legislation and compliance monitoring principles.
• Excellent attention to detail and strong analytical skills.
• Proficient in administrative and record-keeping tasks.
• Strong interpersonal and communication skills, with the ability to engage effectively with stakeholders at all levels.
• Demonstrated responsibility and accountability in previous roles.
• Proficient in Microsoft Office Suite (PowerPoint, Excel, Word).

Personal Attributes :

• Self-motivated and able to work independently, as well as collaboratively within a team.
• Ability to manage time effectively and prioritise tasks in a fast-paced environment.
• Strong problem-solving skills with a proactive and pragmatic approach.
• Enthusiastic about acquiring knowledge in compliance and regulatory frameworks.

At Investec we look for intelligent, energetic people filled with passion, integrity and curiosity.

We value individuals who in turn value our culture that is, a flexible attitude comfortable to live with ambiguity and willing to challenge the status quo.

Diversity, talent and leadership are respected in pursuit of the growth of our business.

People who can manage themselves and build strong relationships in order to get things done, will perform in out of the ordinary ways in our environment.

We are committed to diversity and inclusion when recruiting internally and externally.